Fabrication of ring-like nanostructures of noble metal, particularly silver (Ag) nanostructures are challenging but long expected and suitable for various applications. Here, in this work, a strategy has been reported to fabricate Ag nanorings from ultrathin layer of the same. The edges of as-fabricated Ag nanorings were found continuous in nature rather than linear aggregation of adjacent nanoclusters as confirmed by high-resolution scanning electron microscope (SEM) micrographs. Interestingly, none of the Ag nanorings was found broken or cracked. Such clues led ones to a plausible hypothesis in demonstrating the fabrication mechanism. In this context, an in-depth morphological investigation and quantitative analysis have been carried out to understand the evolution of nanorings. SEM micrographs captured at the intermediate stage of Ag nanorings formation revealed that ultrathin layer of Ag turned into spherical nanoparticles before ending at the formation of such nanorings. High-resolution SEM micrographs confirmed that Ag nanoparticles were mostly spherical along with dark sheds at the center. A detailed morphological investigation of such Ag nanoparticles confirmed average estimated outer diameter of 376.74 ± 37.24 nm and average wall thickness of 102.89 ± 18.10 nm. Further estimation indicated Ag nanorings of 213.58 nm edge height which was verified in high-resolution SEM investigations. An attempt was taken to slice an individual Ag nanoparticle with SEM-aided focus ion beam (FIB) facility. A small deviation in heights was observed by high-resolution SEM micrographs of such SEM-aided FIB treated nanoparticles. Silver nanorings of different sizes and shapes (background) along with fractal features at the rim (inset) and plausible formation mechanism thereof (right).